Gold is approaching a key M30 Order Block (OB) ๐ง, acting as a potential supply zone.
Price may push into the reversal area around 3336โ3344 before showing signs of rejection ๐.
๐ If price reacts from this OB, a sell-off toward 3316.5 is expected ๐ฏ
Scenario 2:
At 3316-3314 there is also other OB which could act as a demand zone and price can show reversal from there
This aligns with the idea of smart money filling orders before the next move down ๐
๐ง Waiting for bearish confirmation inside the OB
๐ง Waiting for bullish confirmation inside the OB
โ ๏ธ Stick to your risk management and trade the reaction, not the prediction โ
Price may push into the reversal area around 3336โ3344 before showing signs of rejection ๐.
๐ If price reacts from this OB, a sell-off toward 3316.5 is expected ๐ฏ
Scenario 2:
At 3316-3314 there is also other OB which could act as a demand zone and price can show reversal from there
This aligns with the idea of smart money filling orders before the next move down ๐
๐ง Waiting for bearish confirmation inside the OB
๐ง Waiting for bullish confirmation inside the OB
โ ๏ธ Stick to your risk management and trade the reaction, not the prediction โ
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.